1y return+14.9%S&P 500 +20.9%
3y return+44.7%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2023: $150 against $182 in the S&P 500.2
Waterloo Capital, L.P.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SPYMState Street Spdr Portfolio S&p 500 Etf | $74.8M | 4.2% | +368.4% |
| WMTWalmart Inc Com | $60.1M | 3.4% | +4.5% |
| SPYGState Street Spdr Portfolio S&p 500 Growth Etf | $54.1M | 3.0% | +29.6% |
| AVLVAvantis U.s. Large Cap Value Etf | $45.9M | 2.6% | New |
| AAPLApple Inc | $41.5M | 2.3% | +16.2% |
| QQQMInvesco Nasdaq 100 Etf | $39.2M | 2.2% | +16.8% |
| NVDANvidia Corp | $36.9M | 2.1% | +9.6% |
| FENIFidelity Enhanced International Etf | $36.5M | 2.1% | +3.5% |
| ACIOAptus Collared Investment Opportunity Etf | $34.3M | 1.9% | −2.5% |
| EMXCIshares Msci Emerging Markets Ex China Etf | $30.4M | 1.7% | +2.9% |
| RSPInvesco S&p 500 Equal Weight Etf | $30.1M | 1.7% | −6.8% |
| IDUBAptus International Enhanced Yield | $26.2M | 1.5% | −2.2% |
| JCPBJpmorgan Core Plus Bond Etf | $25.3M | 1.4% | +20.0% |
| GBILAccess Treasury 0-1 Year Etf | $23.5M | 1.3% | +1.3% |
| DRSKAptus Defined Risk Etf | $21.4M | 1.2% | +3.6% |
| VEAVanguard Ftse Developed Markets Etf | $21.3M | 1.2% | |
| AVGOBroadcom Inc Com | $20.8M | 1.2% | +19.1% |
| VOOVanguard S&p 500 Etf | $19.8M | 1.1% | −11.0% |
| IVVIshares S&p 500 Index | $19.5M | 1.1% | −67.5% |
| OSCVOpus Small Cap Value Etf | $19.3M | 1.1% | −1.4% |
| CGSDCapital Group Short Duration Income Etf | $18.3M | 1.0% | New |
| MSFTMicrosoft | $17.5M | 1.0% | +9.7% |
| IEFIshares 7-10 Year Treasury Bond Etf | $16.9M | 1.0% | +111.3% |
| AMZNAmazon.com Inc | $16.1M | 0.9% | +12.2% |
| SMHVaneck Semiconductor Etf | $15.6M | 0.9% | −27.3% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| Seagate TechnologyCUSIP G7997R103 | December 31, 2023 | +1030.4% | $11.7M |
| NVDANvidia Corp | March 31, 2023 | +620.3% | $36.9M |
| AVGOBroadcom Inc Com | March 31, 2023 | +488.8% | $20.8M |
| AMDAdvanced Micro Devices Inc Com | December 31, 2023 | +294.1% | $12.0M |
| GOOGLAlphabet Inc Cap Stk Cl A | March 31, 2023 | +244.5% | $12.5M |
| GOOGAlphabet Inc Cap Stk Cl C | March 31, 2023 | +239.7% | $15.0M |
| SMHVaneck Semiconductor Etf | June 30, 2025 | +135.2% | $15.6M |
| AMZNAmazon.com Inc | March 31, 2023 | +130.7% | $16.1M |
| QQQPowershares Qqq Tr | March 31, 2023 | +129.5% | $13.2M |
| SPYGState Street Spdr Portfolio S&p 500 Growth Etf | March 31, 2023 | +114.9% | $54.1M |
Sold off last quarter
- Exxon Mobil Corp ComCUSIP 30231G102 was $5.8M
- Clearway Energy Inc Cl ACUSIP 18539C105 was $5.8M
- Allegion PLCCUSIP G0176J109 was $1.0M
- PKGPackaging Corp Of America was $995K
- MTGMgic Invt Corp Wis Com was $771K
- USCIUnited Sts Commodityindex Fd Commodity Index Fd was $765K
- DOWDow Hldgs Inc Com was $753K
- Honeywell Intl IncCUSIP 438516106 was $671K
- CLXClorox Co Del Com was $598K
- INTUIntuit Inc was $503K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +9.1% | +14.8% |
| March 31, 2026 | −1.5% | −4.6% |
| December 31, 2025 | +1.1% | +2.4% |
| September 30, 2025 | +5.8% | +7.8% |
| June 30, 2025 | +6.9% | +10.5% |
| March 31, 2025 | −1.8% | −4.6% |
| December 31, 2024 | −0.1% | +2.1% |
| September 30, 2024 | +5.9% | +5.4% |
| June 30, 2024 | +1.8% | +4.0% |
| March 31, 2024 | +6.7% | +10.0% |
| December 31, 2023 | +7.9% | +11.2% |
| September 30, 2023 | −3.2% | −3.6% |
| June 30, 2023 | +3.6% | +8.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Waterloo Capital, L.P. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1730942&type=13F-HR&dateb=&owner=include&count=40CIK 1730942
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1730942/000110465926087951/Filed July 29, 2026 · accession 0001104659-26-087951